AVATIM: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
AVATIM
Largest movements
- Tangible fixed assets -€30,050
down €30,050 (-2.4%), from €1.3m to €1.2m
of which Land and buildings: -€31,532
- Other debts -€43,687
down €43,687 (-5.2%), from €837,187 to €793,500
- Accrued charges and deferred income +€16,400
new in 2025: €16,400
- Gross operating margin -€5,246
down €5,246 (-9.3%), from €56,289 to €51,043
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,276,732 | €1,261,020 | -€15,712 | -1.2% |
| Fixed assets | 21/28 | €1,268,636 | €1,238,586 | -€30,050 | -2.4% |
| Tangible fixed assets | 22/27 | €1,268,636 | €1,238,586 | -€30,050 | -2.4% |
| Land and buildings | 22 | €1,268,636 | €1,237,105 | -€31,532 | -2.5% |
| Plant, machinery and equipment | 23 | - | €1,481 | +€1,481 | |
| Current assets | 29/58 | €8,095 | €22,434 | +€14,338 | +177.1% |
| Amounts receivable within one year | 40/41 | €3,945 | €12,640 | +€8,695 | +220.4% |
| Trade receivables | 40 | €3,945 | €4,640 | +€695 | +17.6% |
| Other amounts receivable | 41 | - | €8,000 | +€8,000 | |
| Cash at bank and in hand | 54/58 | €3,217 | €8,832 | +€5,615 | +174.5% |
| Deferred charges and accrued income | 490/1 | €934 | €962 | +€28 | +3.0% |
| Total equity and liabilities | 10/49 | €1,276,732 | €1,261,020 | -€15,712 | -1.2% |
| Equity | 10/15 | €433,395 | €445,803 | +€12,408 | +2.9% |
| Contributions | 10/11 | €532,971 | €532,971 | = | 0.0% |
| Capital | 10 | €532,971 | €532,971 | = | 0.0% |
| Issued capital | 100 | €532,971 | €532,971 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,576 | -€87,168 | +€12,408 | +12.5% |
| Amounts payable | 17/49 | €843,337 | €815,217 | -€28,120 | -3.3% |
| Amounts payable within one year | 42/48 | €843,337 | €798,817 | -€44,520 | -5.3% |
| Trade debts | 44 | €6,150 | €5,317 | -€833 | -13.5% |
| Suppliers | 440/4 | €6,150 | €5,317 | -€833 | -13.5% |
| Other amounts payable | 47/48 | €837,187 | €793,500 | -€43,687 | -5.2% |
| Accrued charges and deferred income | 492/3 | - | €16,400 | +€16,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,532 | €31,587 | +€56 | +0.2% |
| Other operating charges | 640/8 | €7,103 | €7,024 | -€79 | -1.1% |
| Gross operating margin | 9900 | €56,289 | €51,043 | -€5,246 | -9.3% |
| Operating profit (loss) | 9901 | €17,655 | €12,432 | -€5,223 | -29.6% |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.9% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.9% |
| Financial charges | 65/66B | €24 | €24 | = | 0.0% |
| Recurring financial charges | 65 | €24 | €24 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €17,631 | €12,408 | -€5,224 | -29.6% |
| Profit (loss) for the period | 9904 | €17,631 | €12,408 | -€5,224 | -29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,631 | €12,408 | -€5,224 | -29.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.